Bharti Airtel: In Consolidation mode and trading strategy

Bharti Airtel
CMP 550

- The stock has been in consolidation mode for some time

- 530 could be crucial support levels

Given the set up

One may consider selling Bharti Airtel 530 Put Option around 12

Lot size 1851

Max profit potential Rs 22212/- per lot

Loss protection in strategy for a fall in Bharti Airtel price up to 518 till 27-Aug-2020


Take care & safe trading...!!!

Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be